Berkshire Hathaway’s Insurance Keeps Growing and Hiring Despite Auto, Reinsurance Blips

Thu, 03/02/2017 - 14:40
by Susanne Sclafane

Even though Berkshire Hathaway’s GEICO chalked up an underwriting loss in the fourth-quarter 2016, with full-year profit coming in basically even with 2015, the company is poised to take advantage of competitor fears, according to the company’s earnings release and Berkshire Chairman Warren Buffett in his annual letter.

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